Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2024
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (CIF) - 2024
In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,093 per ton, surging by 3.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 7.3% against the previous month. Over the period under review, average import prices attained the maximum at $1,212 per ton in April 2023; however, from May 2023 to March 2024, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the highest price was recorded for prices from China ($1,267 per ton) and Thailand ($1,091 per ton), while the price for Algeria ($911 per ton) and Egypt ($1,010 per ton) were amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (FOB) - 2024
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,492 per ton in March 2024, surging by 12% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 121% m-o-m. As a result, the export price attained the peak level of $3,167 per ton. From September 2023 to March 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Turkey ($2,711 per ton), while the average price for exports to Serbia ($1,237 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Bulgaria rose remarkably to 37K tons, surging by 10% compared with 2021 figures. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings skyrocketed to $52M in 2022. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 44%.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 4.7 | 6.3 | 15.5 | 58.4% |
| South Korea | 6.9 | 6.0 | 11.5 | 13.0 | 23.5% |
| Vietnam | 2.6 | 3.7 | 5.4 | 7.1 | 39.8% |
| Turkey | 2.3 | 2.8 | 2.3 | 3.1 | 10.5% |
| Malaysia | N/A | 0.1 | 0.6 | 2.8 | 429.2% |
| Thailand | 3.9 | 3.6 | 4.2 | 2.8 | -10.5% |
| Taiwan (Chinese) | 2.7 | 1.8 | 1.7 | 1.7 | -14.3% |
| Indonesia | 1.7 | 0.5 | 0.7 | 0.4 | -38.3% |
| Others | 45.3 | 6.2 | 9.3 | 5.7 | -49.9% |
| Total | 69.4 | 29.4 | 42.1 | 52.2 | -9.1% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Bulgaria in 2022:
- China (11.1K tons)
- South Korea (10.5K tons)
- Vietnam (5.4K tons)
- Malaysia (2.3K tons)
- Thailand (2.1K tons)
- Turkey (1.7K tons)
- Taiwan (Chinese) (1.2K tons)
- Indonesia (0.3K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria
Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Bulgaria rose notably to 17K tons in 2022, surging by 8.7% compared with 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 68%.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $26M in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.3 | 0.3 | 4.8 | 6.0 | 171.4% |
| Romania | 4.9 | 3.6 | 4.3 | 5.5 | 3.9% |
| Germany | 1.3 | 1.4 | 2.5 | 3.5 | 39.1% |
| Serbia | 1.1 | 1.5 | 1.6 | 2.4 | 29.7% |
| Italy | 0.3 | 0.2 | 0.4 | 1.2 | 58.7% |
| Greece | 0.4 | 0.4 | 1.0 | 0.9 | 31.0% |
| Czech Republic | 0.1 | 0.1 | 0.5 | 0.8 | 100.0% |
| Croatia | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Lithuania | 0.4 | 0.4 | 0.8 | 0.6 | 14.5% |
| North Macedonia | N/A | 0.2 | 0.7 | 0.6 | 73.2% |
| Belgium | 1.0 | 0.1 | 0.2 | 0.6 | -15.7% |
| Cyprus | 0.3 | 0.3 | 0.1 | 0.6 | 26.0% |
| Estonia | 0.2 | 0.5 | 0.8 | 0.5 | 35.7% |
| Others | 12.2 | 2.1 | 3.0 | 2.3 | -42.7% |
| Total | 22.6 | 11.1 | 20.9 | 26.3 | 5.2% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Bulgaria in 2022:
- Romania (4.0K tons)
- Poland (4.0K tons)
- Germany (1.9K tons)
- Serbia (1.8K tons)
- Italy (0.7K tons)
- Czech Republic (0.6K tons)
- Greece (0.6K tons)
- Croatia (0.5K tons)
- Lithuania (0.4K tons)
- Belgium (0.4K tons)
- Cyprus (0.4K tons)
- Estonia (0.3K tons)
- North Macedonia (0.3K tons)
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